Question
Which of the following is not a feature of perfect
competition?Solution
Homogeneous products, easy entry/exit, and a large number of buyers and sellers are defining characteristics of perfect competition. "Low prices" is an outcome or a potential result of the competitive structure, not a defining feature of the market structure itself. Prices are determined by the market forces of supply and demand.
- What is the primary purpose of Assam’s proposed satellite, ASSAMSAT?
What is the focus of the 'Prashasan Gaon Ki Ore' campaign launched during Good Governance Week 2024?
What is the significance of the Joint Table Top Exercise CINBAX held in Pune?
After the December 2025 MPC meeting, what is India’s revised repo rate?Â
Which term was selected as the Collins Dictionary’s “Word of the Year 2025”?Â
Under Delhi’s Atal Canteens scheme, how many canteens are being set up across the city?Â
What was the primary reason for Microsoft closing its office in Pakistan after 25 years?Â
The PMSBY aims to cover accidental deaths and injuries. Which of the following is NOT a common cause of accidents covered by the scheme?
The Jal Jeevan Mission has been extended till:
At the WHO Global TB Report 2025, India’s TB incidence declined from 237 per lakh (2015) to what level in 2024?Â
